Intrinsic Value
Cleveland-Cliffs Inc. (CLF)
$18.32
-0.23 (-1.24%)
| Enterprise Value | -904,952.80 |
|---|---|
| Net Debt | 2,939 |
| Equity Value | -907,891.80 |
| Shares Outstanding | 511 |
| Equity Value Per Share | -1,776.70 |
Because investors are more interested in the value of the company’s shares alone, we’ll deduct net debt from this value to arrive at a fair value of the company’s equity. Fair Value = Enterprise Value – Debt